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Search Results 0 to 49 of about 4,363 (some duplicates have been removed)
CNBC
Feb 1, 2012 4:00pm EST
of about 83 points. now, investors are waiting forg the ipo filing of facebook. could happen any moment now. coming up, we're discussing whether facebook's valuation is justified. $100 billion. we'll look at the ripple effects the ipo will have on the social media space. >>> does president obama's refinancing plan have a chance of passing the republican-controlled house? hud secretary shaun donovan weighs in coming up in the program. >>> the dow jones industrial average up about 83 points. up two-thirds of 1%. 12,716. it was about double that earlier. volume better than yesterday, but still under a billion shares. nasdaq picked up 34 points. once again, technology the star of the day. star of the year-to-date, up 34 points on nasdaq. s&p 500 was up 11 and 2/3. >> a good start for the month. we were up 150 points earlier in the day. almost half the gains here. the major headlines and what went on today, generally very good participation. i like to see it when you get broad advantage across the sectors. the tech sector was the real star. near an 11-year high. as for the endless greek debt dea
CNBC
Feb 1, 2012 1:00pm EST
at a 10-year high. can the bulls hang tough? >> well, they're waiting on facebook. the social network set to file its huge ipo offering. where is their next big money-making opportunities? and why aren't they sharing that stock with their users? >> and game on for electronic arts. the stock down 10% year-to-date fielding the heat from facebook and online competition. we'll take a look at ea's investment game. >> i'm sue herera along with tyler mathisen and brian shactman. and "power lunch" begins right now. >>> always got to pull out early to get to the wall in time. we could be looking at the first triple-digit gains as tyler said january 3rd, the first trading session of the year. financials higher. $1.33 to the upside. s&p more than 1.25% for the nasdaq. the pulse of the markets, euro bouncing back, the yield on the u.s. 10-year finally moving a little bit. 1.84%. wow, we're still far from 2. but nat gas continuing to sink almost another 4%. midday movers start with whirlpool, a big profits up. solid gains for that company. 16.3%. and broad com up almost 9%. hiking the dividend giving
PBS
Feb 1, 2012 2:30pm PST
. -- diplomatic fury. how much is a friend worth? facebook is trying to find out whether its success with users can be repeated in the market. welcome to our viewers on pbs in america, and around the globe. over the past year, egypt has been no stranger to violence. today, it erupted on a massive and deadly scale at a football match. following a game, fans of rival teams rushed the field, hurling objects. the number known to have died stands at more than 70. many more have been injured. we have the details. >> this is the aftermath of what was a football match. it should have been a celebration after the home team reported a rare victory over another club. but the joy of the three-one win appears to have disappeared. fans in vivid depiction, attacking the players and supporters of the other team. there is a notoriously bitter rivalry, but rarely has it escalated so badly. dozens of people are reported to have died. many more have been injured, some of them flown to hospital in military helicopters. egypt's deputy health minister has called the event the biggest disaster in egypt if soccer histo
CNBC
Feb 1, 2012 5:00pm EST
noticing in term of the financials, the cash flow on facebook. >> the growth is amazing. so you have to make -- of course extrapolate what the trajectory of that can be. i think we'll see multiples that we haven't seen since probably the internet craze. which obviously gives you tremendously large valuations. that i probably won't be able to get on board for even though it's a great product. >> this is the internet craze in some ways. >> it is. social media. everybody wants a piece of this. regardless of price and regardless of valuation coming out of the gate. okay. now how do you convert this into the ad sales? the revenues everybody brings up. it does make you wonder. you look at these numbers the valuation has gone from the 50 million valuation in 2010. it was 65.5 million. now people are kicking around numbers like closer to 85 billion. when you start looking at these numbers, now you've got to say to yourself how does this translate into their ad sales and can this convert? you're talking about 400 million some people on there daily. >> 483 million daily active users on average
CNBC
Feb 1, 2012 2:00pm EST
to blame in a good way? and we face the facebook facts from "street signs." the numbers that you need to know before you think about friending the fb when it goes public. mandy. >> okay. i'm mandy drury. hello everybody. this is what else we're watching at this hour. bankrupt american airlines is aiming to save more than a quarter billion a year in current employee costs. chrysler meantime reporting a 44% jump in january over sales a year ago. ford sales up 7.4%. gm with a 6.1% drop. and eu regulators officially blocked the plan, nyse and deutsche bank merger. nyse will focus on stand alone strategy. brian. >> before we get to facebook, let's find out what one of the world's most well-known investors likes in this market. sorry. pimco out with latest investment outlook hitting on everything from fear to the fed to philosophy. let's bring in bill gross, co-chief investment officer and co-founder of pimco who by the way you are more philosophical, bill, than normal. virginia wolf and es so teric references. >> well, i was. i'm a grandfather for the first time, so we're bringing someone
CNBC
Feb 29, 2012 1:00am EST
. facebook ceo mark zuckerberg and paul allen, microsoft's cofounder. we begin with mark zuckerberg and facebook. if you have a facebook account, you've probably reconnected with an old pal, shared photos with your family, and gotten advice from your friends on what to buy and what to read. but facebook has bigger plans. it wants to turn the entire web into one big social network. lesley stahl first talked with mark zuckerberg in 2008, and three years later, we sat down with mark again. he gave us a preview of his site's new profile page, a change that would affect the 500 million people who were then using facebook, an idea that zuckerberg had cooked up in his dorm room at harvard. >> when you first thought about this--19 years old--is this what you had in mind? did you see this far into the future, or is it way beyond what you dreamed? >> well, it's funny. i mean, when i was getting started, you know, with my roommates in college, you never think that you could build this company or anything like that, right? because, i mean--it just--and we were college students, right? >> yeah.
ABC
Feb 3, 2012 11:00pm EST
c how does facebook make you happy or depressed? we will get into that issue coming up. >>> if you see the team back, last year the team announced it would not be holding a portion of training camp at the time mcdaniel college. many fans complained about losing the opportunity to see them in person. now they're looking at holding an open practice aat navy marine corp. nothing is set in stone but we will let you know when we find out. >> tonight lance armstrong is been closed . against him. they didn't give a reason for dropping the case. but they have been working on it for seven years. he never failed a drug test and has always denied doping. he said tonight that government made the right decision. >>> in our consumer alert, new information about chemicals in orange jus. the fda has found traces of fung fungacide, it does not pose a health threat. right now it is not issuing a recall. >> i i would still keep buying orange juice. >> so basically if the fda says it is okay you're okay with it. >> i trust their calls. >> the testing comes after it was discovered last month in oran
CNN
Feb 2, 2012 1:00am PST
doesn't know how to create jobs, i answer with one word, facebook. thank you for suze orman, to my audience, and thank you at home. fascinating show. >>> hello. here are the headlines this hour. a ferry believed to be carrying about 350 people has sunk off of papua new guinea. so far, officials say 238 people have been rescued. >>> an update on another top story we're following on cnn. egypt is launching an inquiry into a football riot that left 78 people dead and more than 1,000 wounded wednesday. some politicians accused security forces of not doing enough while victims were trampled and beaten. the country's military government has declared three days of national mourning. >>> leon panetta announced plans on wednesday to pull all nato combat troops from afghanistan by the end of 2013. that's a full year earlier than previously planned. nato's training and support troops are expected to stay in afghanistan beyond the 2013 pullout date. those are the headlines. from cnn, i'm juanita raj paul. cnn world business today starts right now. >>> hello. welcome to "world business today."
NBC
Feb 1, 2012 5:30pm PST
friends. facebook just changed its own status in a big way. we'll tell what you this means for upwards to a billion of facebook users. >>> damage control. what should have been a victory lap today for mitt romney became something very different. what he said about the poor. >>> exit strategy. the t time the defense secretary issues a date for the beginning of the end of the war in afghanistan. >>> caught in the middle. two of the biggest names in women's health, tonight in a bitter fight over money. it may be thousands of women who pay the biggest price. >>> the pioneer who created a saturday morning tradition and helped transform television and music all at once. tonight, remembering don cornelius. "nightly news" begins now. captions paid for by nbc-universal television >>> good evening. the brain storm that was hatched in a dorm room at harvard eight years ago. the idea that changed what it means to be a friend is tonight poised to go public in a very big way. hours ago facebook filed the necessary paperwork to sell shares on the stock market. $5 billion worth. if the $5 billion numb
PBS
Feb 1, 2012 6:30pm PST
look at investing in facebook. >> so, i think it's very exciting to have a new large cap in the internet space, and i very much look forward to their quarterly earnings call, where >> tom: meanwhile, american airlines says big jobs cuts are on the way as the carrier makes a case for dumping billions of dollars in pension obligations. it's "nightly business report" for wednesday, february 1. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: captioning sponsored by wpbt >> susie: good evening, everyone. all eyeballs were on facebook and the company's push to go public. late this afternoon, the social media giant filed documents for its i.p.o. tom, the deal is a whopper. >> tom: susie, facebook hopes to raise $5 billion. here's at look at some of the details. last year, facebook's net income was $1 billion on revenues of $3.7 billion, both up more than 60% from the year earlier. morgan stanley is the lead underwriter. facebook shares will list under the ticker f-b and trade on the big board. >> susie: it's expe
CNBC
Feb 2, 2012 1:00pm EST
of the leaders of the s&p 500 today. simon. >> thank you very much, courtney. let's get to it then, facebook with the ipo filed, what is now next for that social media giant? it's clear to many that that growth will depend on its relationships with other companies. so who is facebook intending to friend? our julia boorstin is at facebook headquarters in menlo park, california. julia, over to you. >> simon, two of those friends are paramount, music studio and american express. facebook gave them a call out. but would frankly like to friend every major advertiser. facebook success in hinges effectively connect with customers. s-1 mark zuckerberg describes utopia marketing on facebook. doing good that's also good for business. saying "we think a more open and connected world will help create a stronger economy with more authentic businesses that build better products and services." in the s-1 the company lays out how its combination of free facebook pages as well as paid ads allow companies to not just reach their target audience, which is people who are already interested in them, but also let
CBS
Feb 22, 2012 11:00pm EST
and coverage. >> is facebook is new big brother? the social media site is tracking your every move on the internet. wjz is live and meghan explains how this could effect you. >> reporter: two baltimore law firms have filed claims saying facebook is following you 24/7. you log into facebook to follow friends but after you logged out, facebook may be following you. >> you would at least hope that the only thing they would track was stuff that happened on the site. >> reporter: a new class action lawsuit says that isn't the case. >> we're sick and tired of big companies and the privacy of consumers. >> reporter: lawyer, billy murphy claims facebook is violating its own policy. >> your information about your personal private behavior should not be available to eyes. >> reporter: facebook's policy says it receives data from your computer, mobile phone or whatever device you use. according to this, when you sign up for facebook it installs cookies and the cookies can monitor all of the websites you view. web expert says having your web history tracked can be dangerous. >> it's nervous. s
ABC
Feb 23, 2012 11:00pm EST
and teachers to get to know each other. >> do you think it's a good idea to be facebook friends with your child's teacher? >> could see a shower overnight and won't believe the temperatures we could see tomorrow. we'll talk about how warm it will get. >> we begin with breaking news out of penn state. the university received a federal subpoena in connection with the jerry sandusky investigation. sandusky is accused of molesting several boys in some cases on the campus of penn state and now it's a federal case. we'll have more on the breaking developments at 4:30. >>> tonight state lawmakers have given the thumbs up in a bill approving same sex marriage. >> after last year's failed attempt it puts us on the track for the eighth state to legalize it. >> 25 votes to affirm, 22 in the negative. >> it's a great day in the state of maryland. >> it was a day of back and forth and hours of debate. >> we have two men getting married. you have certain qualifications in here saying a husband will get this right, a wife will get this right. which spouse will apply to which category here? >> i believe marria
CNBC
Feb 1, 2012 9:00am EST
on the street." today could be the day facebook files its much-anticipated ipo. i'm carl quintanilla with melissa lee and jim cramer live at the new york stock exchange. david faber is back at h.q. after coming off their best january in 15 years, since '97, stocks are set to begin february in the green. take a look at future this is morning, set to open up by more than 80 points. europe as well responding to better-than-expected manufacturing numbers, some signals the contraction over there might not be as bad as some thought. that came after some reassuring pmi numbers in china. >> let's get to our roadmap for this wednesday. facebook may file for its ipo as early as today to raise $5 billion. morgan stanley clinching the lead underwriting roles. we have all the angles covered on what could be the biggest tech ipo. >> adp comes in line roughly with expectations but december is revised down. ism comes in less than an hour. >> amazon shares sharply lower in the premarket trade on disappointing earnings and forecast. can the stock maintain its premium valuation as it subsidizes prime c
ABC
Feb 9, 2012 11:35pm PST
viral. >>> secret facebook millionaire. he just was $200 million richer, after he took shares instead of cash, for these edgy murals. tonight, he tags the town with barbara walters. >>> and sexy stretching. one of yoga's more stimulating benefits. this book says it can improve your sex life. and there's millions who agree. the new wave of sexy yoga, focusing on the erotic energy. >> announcer: from the global resources of abc news, with terry moran, cynthia mcfadden, and bill weir in new york city, this is "nightline," february 9th, 2012. >>> good evening. i'm terry moran. religious refugees. now adays there's no sense in hitching up a wagon to get a congregation. it's gone online. tonight, we meet a man, an online preacher with an unorthodox message. here's abc's neal karlinsky for our series, "faith matters." >> what if i told you, jesus came to abolish religion. his rap has been viewed 19,000 times. it is a slickly produced youtube video, from a guy no one had heard of. a 22-year-old born-again christian, who makes the provocative and viral claim that he hates religion, but loves j
FOX News
Feb 2, 2012 11:00pm PST
facebook? mr. big bucks tells us next. >> welcome back to "the five." facebook filed stock offering on wednesday and some say its value could hit $100 billion. a lot of green for something you can't eat or drive. the only tangible result, your ex from high school looks you up and ruins your marriage. according to the american academy of matrimonial marriage, 66%% are link to do facebook. even more, what generates much of facebook income is farmville, a fictitious world within another fictitious world meeting the -- meaning it's based on awful video games. i guess it beats making stuff. so it makes sense to pond there are ipo carefully. people have been buying facebook shares privately all along, which means by the time you and i arrive, it's like showing up for thanksgiving a week later. nothing but a carcass in the fridge. the big money has been made. if you must buy, wait a few months and hold, hold, hold. there are positive lessons from facebook. one, ideas and risk mean more than degrees. facebook came from hard work and thinking big. second, its success represents the brain unf
NBC
Feb 2, 2012 11:00am PST
it would jeopardize $850 million in loans being finalized next month. >> facebook wants to expand headquarters in menlo park and first they have to meet the city's demands and it can cost them big bucks. the big bucks will be rolling in thanks to the company's decision to go public. >> reporter: the city of menlo mark might ask facebook to help improve the neighborhood su rounding the new headquarters at willow and bay front expressway. why would the social media giant want to do something like that? it wants to add more than 7,000 employees to this campus and another one nearby, but it will need permission from the city of menlo park to do that because adding that many people impacts traffic, among other things. so in return, the city says it is allowed to ask facebook to help out their neighbors. if you're not familiar with this area, facebook is located in the bell haven neighborhood of menlo park. it's a low-income area. the city council is thinking of having facebook build new bike paths or help out with that or installing new landscaping along bay front expressway, perhaps a
PBS
Feb 1, 2012 4:00pm PST
report. and how much is a friend really worth? facebook is about to find out if its success with users can be repeated in the market. welcome to our viewers on pbs in the u.s. and also around the globe. over the past year, egypt has been no stranger to violence. today erupted on a massive and deadly scale at a football match. fans of rival teams rushed onto the field, hurling objects. been number known to have died stands at 70, but many are also injured. >> egypt's worst football disaster, at a time when the country is already in political turmoil. the deadly clashes between football rivals have shaken the country to the core. it all started at the final whistle. fans of the team in portside streamed onto the pitch to celebrate the victory. but it quickly turned violent. first, they ran for their lives. and then the home fans charged in to attack the visiting supporters. this is not football, this is war, said one of the fans. is this what sparked it? egyptian tv keeps playing this footage of fans throwing flares at the moment of goal is being scored. these two sets of fans are known
CNBC
Feb 1, 2012 3:00pm EST
1/2-year high. we'll talk strategy straight ahead. >>> plus, the facebook effect. which stocks will ride the wave of this year's big ipo. we'll get investor reaction. live from the new york stock exchange, this is the final and most important hour of the trading day. >>> yes, risk is back on. welcome to the "closing bell." i'm bill griffeth here at the new york stock exchange. >> i'm maria bartiromo. we approach the final stretch on wall street. the market on a roll after posting the best january in 15 years. we continue here in february, first day, encouraging manufacturing data out of china and europe, sparks the rally on wall street right from the get-go today. we are back within striking distance of 12,810 on the dow jones industrial average. if this market closes higher than that, it would mark a 3 1/2-year closing high for the blue chip index. coming up we'll see if the momentum will sustain. speculation that a final greek debt deal is just around the corner. we're zeroing in on that as well. can greece's government take the necessary and tough steps to get the austerity
ABC
Feb 1, 2012 4:00pm PST
forecast in a little bit. >> thank you, sandhya. ahead facebook pulls the trigger. a look at what is revealed today in the stock filing. >> you're seeing birth control pill. there has been a major mix up with one brand that could lead to pregnancy scares for women taking it. >> and michael finney taking your questions through his facebook and twitter pages and will answer them here, live in just a little bit. you can contact michael on twitter and facebook.com/michael finney abc 7. >> taking a look at traffic now if you're heading south, smooth going right now. there is a different story for folks heading east. stay with us. the news continues right after this. -dad, why e you getting that? -that's my cereal. is there a prize in there? oh, there's prize, all right. is it a robot? no. is it a jet plane? nope. is it a dinosaur? [ laughs ] [ male announcer ] inside every box of heart healthy cheerios are the great tasting little o's made from carefully selected oats that can help lower cholesterol. stickers? uh-uh. a perhero? ♪ kinda. [ male announcer ] and we think that's the best
FOX
Feb 14, 2012 9:00am EST
of the yeardley love murder trial.you can get the latest updates around the clock.... on our facebook page... at facebook dot com slash fox baltimore.... p and on our website, fox baltimore dot com. as with all of our content... it's freee five of the top 15 árichestá counties are ii mmryyand. maryland.according to the &p20-10 census... the top counties are loudon county virginia... fairfax county virginia... and ouu own howarr county ... where the median inclome tops 1-huudred thousand. thousand.the other maryland counties included onn he list make up numbers 12-15.ttey are montgooery, calvert, saint mary's aad charlls county. go ahead... eat dessert for breakfast. it's good for you. you.if you don't believe us... maybe you'll listen to rearch because this is certainny one ásweetá discovery. &pdiscovery.scientists at tel aviv university say eating dessert for breakfast could actually contribute to weight loss!researchers divided 193 groups.one group had a iet low-carb 300 calorie breakfast... while the second had a 600 calorie breakfast that included a dessert item. overall, the desse
CBS
Feb 1, 2012 6:30pm EST
comment. >> i'm not concerned about the very poor, we have a safety net there. >> pelley: facebook is going public. john blackstone on how the social network plans to change. and his soul train helped carry stars to fame. remembering don cornelius and that voice. >> love, peace, and soul! captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening. the combat role for u.s. troops in afghanistan may end a full year earlier than expected. secretary of defense leon panetta said that today for the first time on behalf of the administration. he was talking to reporters traveling on his plane headed to europe. secretary panetta said "hopefully by the mid-to latter part of 2013 we'll be able to make a transition from a combat role to a training, advise, and assist role." u.s. forces are due to remain in afghanistan through 2014. panetta did not suggest today that americans would be coming home any sooner. the u.s. goal is to keep the taliban from returning to power, but in another development today, david martin tells us that a u.s. military repor
CBS
Feb 1, 2012 12:00pm PST
of the social network. >> facebook files papers to go public. what that will reveal about the company and we're going to check in with kcbs moneywatch reporter jason brooks to gets the skinny on facebook. >>> mitt romney sees a path to the republican presidential nomination but his opponents still hope to derail him. i'll have details. >>> no more red tape. no more runaround from the banks. >> helping out homeowners. president obama outlines his ambitious plan to help those who are struggling the most. >>> hi, i'm meteorologist lawrence karnow in the cbs 5 weather center. skies just beginning to break now. we had some light showers early on today. i think you can see the snow on the horizon. we'll talk more about that in the forecast coming up. public. facebook is expected to file its i-p-o papers today. >>> wall street and silicon valley are buzzing over the latest tech company to go public. facebook is expected to file its ipo papers today. we have jason brooks with kcbs and cbsmoneywatch.com to give us some perspective. good afternoon, jason. >> reporter: grace, i think everybody was hopi
KRON
Feb 1, 2012 8:00pm PST
streaming overheads. we will see coldest temperatures overnight. details coming up. >>grant: facebook made it official, filing papers for an initial stock ipo. as early as this summer the bay area could be welcoming of local billionaires'. if you use facebook, it's the ideal may be a mixed blessing. tough the hard truth is in this cartoon, if you are one of the 800 million facebook users, you are not a customer, you are a product. facebook in, comes from this page, advertisers. they are the reason why investors are jumping at the bit to get a piece of the company. going public will give regulators in washington more of a say in protecting the privacy. here are some of the other things expected half its. mark zuckerburg of will become the newest member of the world's 25 richest people with a net worth of $20 billion. as many as 1000 of his employees will become millionaires. most of them will have to wait six months or more to sell their shares. by that time facebook stopped will have dropped. >> the worth of facebook is 80 billion-$100 billion range. these are numbers the just did not see.
KRON
Feb 1, 2012 11:00pm PST
. >>> billions raised, facebook is going public. and that's good news for california. why the company is worth so much, and how the ipo could have an effect on the bay area. >>> funding flap. planned parenthood loses hundres of thousands of dollars. what may have led to the payment halt and how many women could be affected. >>> this was the scene in brentwood tonight, a man buried cheflt-deep in mud -- chest-deep in mud for three hours. the 50 year-old man from oakland was digging a trench when the ground fell in on top of him. kate thompson is live with more on this life-saving rescue effort tonight. >> reporter: an intense 3-hour rescue effort. here is the trench in front of the home. you can see it is now covered in plywood off on the driveway, piles of dirt and mud. that is all of what firefighters removed from the trench, trying to rescue the man. and these are the boards they had to use to shore up that trench before the rescue effort could begin. now, let's get to the video of that rescue. this is a very deep trench. it is 10 feet deep, only 2.5 feet wide. not very wide. the man was under
ABC
Feb 8, 2012 11:00pm EST
started talking on facebook and people were watching us. >> first from high school to the altar, house social media laces? really? slip-on's the way to go. more people do that, security would be like -- there's no charge for the bag. thanks. i know a quiet little place where we can get some work done. there's a three-prong plug. i have club passes. [ male announcer ] now there's a mileage card that offers specialcierks on united like a free checked bag united club passes, and priority boarding. thanks. ♪ ♪ okay. what's your secret? ♪ ♪ [ male announcer ] the new united mileageplus explorer card. get it and you're in. [ female announcer ] more people are using wireless devices in more ways than ever. and our networks are getting crowded. but if congress frees up more wireless spectrum, we can empower more people to innovate create jobs, and put momentum behind our economy. and a spectrum auction could raise as much as 30 billion dollars to help fund the payroll tax cut. it's simple. more specectrum mea
CBS
Feb 1, 2012 7:00pm EST
. according to the s.e.c. filing, facebook earned a billion dollars last year, virtually all of it from advertising. john blackstone tells us facebook's goal is to become the go-to place to find everything. >> reporter: to understand why facebook has become so valuable to investors, meet emily castor from california, walter vatieri from italy and tatjana a antin-- friends because of facebook. >> it's a foundation of every social interaction we have. >> reporter: facebook? >> it is. >> reporter: they were brought together by zimride, an internet site that organizes car pools but it was brought together by facebook. >> it was comforting to see tatjana had hundreds of friends on facebook. she looked like she was friendly. >> reporter: so you rented a car? >> yes, we rented a car and hit the road. >> reporter: zimride's cofounder john zimmer says like many internet startups his company depends on facebook to get customers. >> when you log into our service and we require facebook and you log into services that require facebook it makes it hard for people not to use facebook. >> reporter: and
MSNBC
Feb 24, 2012 1:00pm PST
released concerning young people in the workforce and the mega panel reacts. >>> then facebook as a 21st century business model. redefining the role of community and cashing in on it. are we all just pawns in their version of capitalism? >>> plus sir william of vanderbilt is back. another dramatic reading from greedy bastards just ahead. this guy might just win the right to record an audio book. and heck, we might nominate him for an emmy. we know america needs 30 million jobs. we also know to create them, we must be vigorous in demanding the debate we deserve. more on that from the school of business in chicago right after this. [ female announcer ] the best things in life are the real things. nature valley trail mix bars are made with real ingredients you can see. like whole roasted nuts, chewy granola, and real fruit. nature valley trail mix bars. 100% natural. 100% delicious. it's this... the etrade pro platform. fast. beautiful. totally customizable. finds top performing stocks -- in three clicks. quickly scans the market for new trading ideas. it can even match options strategies t
CNBC
Feb 3, 2012 12:00pm EST
stake in facebook. we'll get his thoughts on the social media, google, apple, so much more. who could be the next facebook? all of that coming up with bill gurley in a few moments. >>> dr. jay, on this kind of day what are you buying or selling? >> buying immediately the banks because that's what they came after even though i just trimmed up my exposure to many of these banks, this morning right away it was bank of america, as soon as steve liesman finished up basically finishing the jobs report and putting his take on it. these banks just jumped in the premarket. continue to move higher. bank of america was the leader. trading to almost $8 a share within 11 cents of that number. pulling back ever so slightly but still at about $7.76. that was an area of real focus for people early on. >> you're trimming a little bit off the top. >> no surprise for people to note i was essentially long this market and a bunch of names like cummins, global industrial, broadcom, mexican and american cement maker. a lot of names are up. i think it's prudent to take a little bit of profits. that is one of
CNBC
Feb 2, 2012 12:00pm EST
numbers on facebook. >> i think the stock is not trading on fundamentals. it's trading on the hype around the ipo. once people realize this is too expensive, sometime in the near future, i think the stock is going to give back the gains that it's had. we would recommend selling the stock aggressively here. i think nothing has really changed since the facebook filings came out last night. some people are making the argument which i think is flawed that because zynga is 12% off facebook's revenue it should get a valuation similar to that. they're for getting the following things. one, the growth rate zynga has is half the growth rate of facebook. besides the fact facebook is a much bigger company. second, zynga's margins are half of that facebook. why is that some because facebook is a platform. zynga is not. facebook's earned their margins in 2011 were up 80%. a dollar of zynga revenue is not the same as a dollar of facebook revenue. right now, the stock is trading at a very hefty multiple. that it's higher than many of the internet companies. actually twice the internet group. it's four t
CBS
Feb 23, 2012 6:00am EST
lawsuit claims facebook is tracking our every move. andrea andrea fujii and wjz are live. good morning. >> reporter: good morning. the two baltimore firms involved in this lawsuit claims facebook keeps tabs on users, 24-7. log onto facebook to follow friends but after you log out facebook may be following you. >> anybody don't want -- want all they privacy looked at. >> you would at least hope that you know the only thing they would track was stuff that happened on the site. >> but a new class action lawsuit says that is not the case. >> we are sick and tired of big companies abusing the privacy of consumers. >> lawyer billy murphy claims facebook is violating its own policy by monitoring the internet sites you visit after you log off. >> your information about your personal private behavior should not be available to prying eyes. >> facebook's policy says it received data from the computer's mobile phone or other device you use to access facebook. this may include your ip address, location, type of browser you use or the pages you visit. according to the suit when you sign up the site
CSPAN
Feb 21, 2012 6:00am EST
are pressing all of the people, not because of the facebook page or individual calling for people to go in the street. i was born in egypt, live there for 15 years, and then came back to cairo. i finished my school, studied computer engineering, and did my eight m.b.a. at american university in cairo. i tried to work for google six times. >> but shorter than i expected. when you came back from saudi arabia and went on to cairo university, you found commuter -- computer engineering. you had already started a web site when you are 18 or so. >> as a lot of people like to call me, i am a geek. and i love computers more than anything else. and the first time i logged onto the internet, i thought this is heaven on earth. i got addicted to it. the first thing that came to my mind was i want to do something useful and practical. i'm a muslim, and new people did not have access to an educational view and video stuff, and the internet was still new. so i started uploading audios on the web site but no one would ever known until it was released because that is when the current owners
PBS
Feb 4, 2012 1:00pm PST
a report from the campaign trail. social networking giant facebook hopes to raise $5 billion in its much-anticipated ipo. it could make millionaires of one-third of its employees and help fill state coffers with new tax revenue. and the court orders occupy oakland activists to stay away from city hall plaza following last weekend's melee involving the burning of the american flag. plus, a look at grassroots efforts to save san francisco's treasured coit tower murals from decay due to years of neglect and exposure from the fog. coming up next. >> belva: good evening. i'm belva davis and welcome to "this week in northern california." joining me on our news panel tonight are josh richman, bay area news group's political reporter. jolie o'dell, reporter for "venture beat." carla marinucci, ploit call reporter with the "san francisco chronicle," joining us from las vegas. carla, we know they say what happens in vegas stays in vegas. but how are the republican presidential candidates changing their message to reach voters here in western states? >> yeah, belva, you're right. first in the west
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